Byrna Technologies Inc. (BYRN) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Medium Risk
Moderate dilution risk
Last updated: April 09, 2026

Risk Assessment Details

Potential Dilution: 568.15% of current shares
Recent Dilution: 0.96% (2 years)
Historical Dilution Factor: minimal recent dilution
Outstanding Shares
23M
Potential Supply
130M
Additional shares possible
Splits
None
Past 2 years

Summary

BYRN currently has 22.7M outstanding shares. with significant dilution risk as 129M authorized shares could dilute existing holders by 568.1%. The company has minimally diluted shareholders by 0.96% over the past 2 years.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
Apr 09, 2026

10-Q filing | 22.7M shares outstanding

23M 130M
Oct 09, 2025

10-Q filing | 22.7M shares outstanding

23M 130M
Jul 10, 2025

10-Q filing | 22.7M shares outstanding

23M 130M
Apr 10, 2025

10-Q filing | 22.6M shares outstanding

23M 130M
Feb 07, 2025

10-K filing | 22.5M shares outstanding

23M 130M
Oct 11, 2024

10-Q filing | 22.8M shares outstanding

23M 130M
Jul 09, 2024

10-Q filing | 22.7M shares outstanding

23M 130M
Apr 05, 2024

10-Q filing | 22.0M shares outstanding

22M 130M
Feb 14, 2024

10-K filing | 21.9M shares outstanding

22M 130M
Oct 12, 2023

10-Q filing | 22.0M shares outstanding

22M 130M
Jul 11, 2023

10-Q filing | 21.9M shares outstanding

22M 130M
Apr 14, 2023

10-Q filing | 21.9M shares outstanding

22M 130M
Feb 09, 2023

10-K filing | 22.4M shares outstanding

22M 130M
Oct 03, 2022

10-Q filing | 21.8M shares outstanding

22M 130M
Jul 07, 2022

10-Q filing | 23.1M shares outstanding

23M 130M
Apr 06, 2022

10-Q filing | 23.7M shares outstanding

24M 130M
Feb 11, 2022

10-K filing | 23.8M shares outstanding

24M 130M
Oct 08, 2021

10-Q filing | 23.6M shares outstanding

24M 130M
Jul 22, 2021

8-K filing: Byrna Technologies Inc. entered into an underwriting agreement for a public offering of 2,875,000 shares of common stock at a purchase price of approximately $19.74 per share, closing on July 20, 2021.

21M 130M
Jul 12, 2021

S-1/A filing: The company is offering shares of its common stock, with an option for the underwriters to purchase additional shares to cover over-allotments.

21M 130M
Jul 06, 2021

S-1/A filing: S-1/A filing for common stock offering with underwriters RAYMOND JAMES, B. Riley Securities, Inc. and Ladenburg Thalmann.

21M 130M
Jul 01, 2021

10-Q filing | 20.7M shares outstanding

21M 130M
Jun 01, 2021

S-1 filing: The filing is an S-1 registration statement for an offering of common stock. It includes information about the underwriters' over-allotment option.

150M 0
Apr 12, 2021

10-Q filing | 148.9M shares outstanding

150M 0
Feb 26, 2021

10-K filing | 148.5M shares outstanding

150M 0
Oct 09, 2020

10-Q filing | 146.4M shares outstanding

150M 0
Jul 20, 2020

10-Q filing | 126.3M shares outstanding

130M 0
Jun 03, 2020

10-Q filing | 126.3M shares outstanding

130M 0
May 18, 2020

10-K filing | 124.8M shares outstanding

120M 0
Apr 15, 2020

8-K filing: The company exchanged $6.95 million of outstanding secured convertible promissory notes for 1,410 shares of newly created Series A Convertible Preferred Stock and will issue 1,319,327 warrants as payment for accrued interest. ($6.95M proceeds)

N/A 0
Apr 01, 2020

8-K filing: Byrna Technologies Inc. closed privately negotiated warrant exercise agreements resulting in gross proceeds of approximately $3.2 million and the exercise of warrants to purchase 19,979,107 common shares. ($3.2M proceeds)

N/A 0
Jan 22, 2020

8-K filing: Security Devices International Inc. entered into an agreement with FinTekk AP, LLC, where FinTekk returned 3,700,000 shares of the company's stock while an additional 1,300,000 shares were deemed fully vested. Additionally, the company issued $124,604.37 of new Notes and 498,417 new Warrants to certain holders, including the CEO and Chief Legal Officer, in lieu of cash payment for owed interest.

N/A 0
Jan 08, 2020

8-K filing: Security Devices International Inc. issued 3,866,810 shares of restricted stock to André Buys and his designee at a price of $0.16 per share, and also granted incentive stock options to its directors. ($0.62M proceeds)

N/A 0
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